Digitization and Automation – Levers to transform the industry

27th September 2017

The Athenaeum

Evening Event 17:30 - 21:00

Join us for an exclusive dinner alongside industry leaders as we unfold how data, connectivity and the Internet of Things (IoT) can be integrated to digitally transform the shipping and logistics industry.

As the hyper-connected shipping and logistics industry hurtles towards a real-time economy, organizations are being challenged by the critical need to improve customer experience, enhance business outcomes, create market differentiation and sustain competitive advantage. We observe a growing trend of CXOs turning to digitalization as a transformative strategy to address these challenges.

Digitization, automation and new business models are now critical to overcome the immense pressure on efficiencies and profit margins. Shipping and logistics organizations need to rapidly scale data maturity levels and leverage the right talent to achieve such digital transformation. Bots, autonomous trucks or self-drive vehicles, warehouse robotics and other smart solutions ensure fast, accurate and ‘on-demand’ data availability.

CXOs believe that such digital change can drive product innovations, create sustainable business models and improve business profitability. Digital excellence and analytics are keys to tomorrow’s business models.

“Our analysis indicates that there is $1.5 trillion of value at stake for logistics players and a further $2.4 trillion worth of societal benefits as a result of digital transformation of the industry up until 2025.”